Comment on Treasury extends clean energy manufacturing tax credit to some miners

Treasury extends clean energy manufacturing tax credit to some miners

The final rules stipulate that the 45X tax credit can be obtained only once an ‘eligible component’ is created, essentially favoring mining companies that own processing facilities. The U.S. Treasury Department said on Thursday it would allow some mining companies to access a tax credit aimed at boosting American production of solar panels, lithium-ion batteries, and other clean energy components, a shift in position after industry pressure.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News